Payments

Coinbase Lists First GBP Stablecoin, Expanding Market Options

The new stablecoin aims to enhance trading in the UK market.Highlights: Coinbase has launched the first GBP stablecoin.This move is expected to enhance trading options for UK users.The stablecoin...

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading...

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions.Highlights: Coastal Bank has partnered with Tempo for improved cross-border...

Lloyds Accelerates Homebuying with Fully Digital Service

New platform aims to reduce waiting times for mortgage approvals.Highlights: Lloyds introduces a fully digital homebuying service.Service aims...

AI in Fintech: Revolutionizing the Financial Industry

AI in fintech is changing how financial services operate. It's more than just a buzzword; it's a powerful...
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ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more

ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing. Funds will be used for strategic acquisitions and tech infrastructure...

Science Card introduces new debit card offering to help accelerate UK scientific discovery

Launch of Science Card: Science Card, a London-based start-up, has launched in the UK to raise awareness of university research and address funding...

UAE fintech Yuze bags $30m funding to propel expansion into new markets

Here is a summary of the key points about UAE-based fintech start-up Yuze securing a $30 million investment:Investment Details: Yuze, a fintech start-up...

Apple set to open up access to NFC tech to third-party app developers

Apple Opens NFC Technology: Apple announced that starting with iOS 18.1, third-party app developers in select countries will gain access to its NFC...

PayZen lands $32m equity investment and $200m credit warehouse in Series B round

Funding Announcement:PayZen, a US-based healthcare-focused fintech, secured $32 million in equity and a new $200 million credit warehouse in an oversubscribed Series...

Ireland’s PTSB extends partnership with Worldpay to expand merchant services offering

Expanded Partnership:PTSB, a Dublin-based bank, has expanded its partnership with Worldpay to offer additional merchant services to its commercial customers.Background:PTSB...

Banking Tech Awards 2024 nominations deadline extended to 6 September

Extended Nomination Deadline:The deadline for nominations has been extended to 6 September 2024 to accommodate delays due to summer holidays.Event Details:...

US fintech Tally to shut down after failing to secure “necessary funding” to continue operations

Shutdown Announcement:Tally, a US-based fintech start-up, is shutting down due to its inability to secure necessary funding to continue operations. The decision...

Nium looks to expand presence in LatAm with new licence applications

Licence Applications:Nium is applying for a Payment Institution licence in Brazil to offer extended payment services, including real-time payments via Pix and...
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